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FLECKENSTEIN: Warren Buffett's Positions On Gold And Taxes Are 'Just Idiotic'

Legendary hedge fund manager Bill Fleckenstein trashed Warren Buffett and Charlie Munger for their stance on gold in an interview with King World News. Fleckenstein railed against Buffett's assertions that gold bugs "want people to be as afraid as they are" and Munger's arguments that "civilized people don't buy gold": “They’ve got a lot of these levered financial entities, and that’s helped them.
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